A special discussion regarding Sri Lanka’s Third Mutual Evaluation on international standards for Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT) was convened on […]
Category: Latest News
Real-time updates and breaking news covering key developments across business, economy, politics, and public affairs.
Asian Markets Fluctuate as Oil Prices Rise and Gold Rebounds
Asian stocks experienced instability on Wednesday, mirroring steep declines in U.S. and European equities amid concerns that advancements in artificial intelligence might replace traditional software […]
Sri Lankan President Highlights Missed Opportunities for National Progress
FINANCIAL CHRONICLE – In his Independence Day message, President Anura Kumara Dissanayake of Sri Lanka acknowledged that the nation has previously missed opportunities to progress […]
Hemas Group Reports 12.8% Decline in Profits for December 2025 Quarter
Sri Lanka’s Hemas Holdings reported a 12.8% decline in group net profit to Rs. 2.6 billion for the December 2025 quarter, compared to the same […]
Sri Lanka Singer Reports 47% Profit Surge in December 2025 Quarter
The profits of Singer Sri Lanka Plc, a prominent consumer durables retailer, surged by 47% to reach 2.1 billion rupees in the December quarter of […]
Sri Lanka Intensifies Efforts to Combat Illicit Finance and Prevent Grey List Reinstatement
President Anura Kumara Dissanayake has delivered a decisive ultimatum to state institutions, emphasizing that “good governance” must be established domestically before being showcased internationally. Speaking […]
Sri Lankan Rupee Strengthens as Bond Yields Fall
FINANCIAL CHRONICLE – On Tuesday, Sri Lanka’s rupee strengthened in the spot market, closing at 309.45/55 against the US dollar, an improvement from the previous […]
Sri Lanka Regulator Prolongs Suspension of Sanasa Life Insurance
FINANCIAL CHRONICLE – The Insurance Regulatory Commission of Sri Lanka has announced an extension of the suspension of Sanasa Life Insurance Co PLC’s registration for […]
Sri Lankan Cabinet Endorses Ambitious Renewable Energy Initiative
Sri Lanka’s cabinet of ministers has approved the Renewable Energy Resources Development Plan for 2025-2030, as announced by Minister Nalinda Jayatissa. This plan was developed […]
Sri Lanka Stocks Surge as Banking Sector Drives Turnover
Sri Lanka’s Colombo Stock Exchange closed positively on Tuesday, with significant contributions to turnover from the banking and capital goods sectors, according to data available […]
Sri Lanka Delegation Engages with Saudi Public Investment Fund Officials to Explore New Investment Opportunities
A delegation from Sri Lanka, led by Deputy Minister of Industry and Entrepreneurship Development Chathuranga Abeyasinghe, engaged in a fruitful discussion with senior officials of […]
Sri Lanka Treasury Bill Yields Decline Across All Maturities
Sri Lanka’s Treasury bill yields experienced a decline across various maturities at the auction held on Tuesday, according to data from the Public Debt Management […]
Sri Lanka and Finland Launch Political Consultation Initiative
FINANCIAL CHRONICLE – Sri Lanka’s cabinet of ministers has given the green light for a proposal to enter into an agreement with Finland to create […]
Kala Pola: Sri Lanka’s Iconic Open-Air Art Fair Celebrates 33 Years on February 8, 2026
Sri Lanka’s renowned open-air art fair, Kala Pola, is set to enliven the streets of Colombo with its vibrant display of color, creativity, and conversation […]
Anax Advisory and Abhiyanta Solutions Unite to Propel SAP Transformation in Sri Lanka and Maldives
Anax Advisory, a prominent Sri Lankan firm specializing in digital transformation and data-driven strategies, has announced a strategic partnership with Abhiyanta Solutions, an SAP Gold […]
Sri Lanka Secures Five Shipments of 92-Octane Petrol from Singapore’s Epdesa
Sri Lanka’s Cabinet has given the green light to award a contract for the procurement of five shipments of 92 octane unleaded petrol to Singapore’s […]
HNB Cards Unveils Exclusive International Rewards for Club Elite and Priority Circle Members
HNB PLC, Sri Lanka’s leading private bank, recently awarded two distinguished winners of its Credit Card campaign exclusive access to the 68th Grammy Awards in […]
Sri Lanka Launches 9th International Boat Show & Conference
From January 30th to February 1st, 2026, Sri Lanka will host the Boat & Marine Show and Conference 2026, the leading marine lifestyle and industry […]